Bitget has integrated Apple Pay for iOS users and Google Pay for Android users into its platform. This move aims to simplify the conversion of fiat into crypto, making transactions quicker and more seamless compared to traditional methods like cards or bank transfers. Gracy Chen, CEO of Bitget, highlighted the significance of offering popular payment …
Avalanche’s Upcoming Token Unlock Avalanche (AVAX) is gearing up for a significant token unlock. On August 19, the platform will release 9.54 million AVAX tokens into the market, valued at nearly $200 million. This major unlock represents 98% of the total $200 million worth of token unlocks scheduled for next week. Avalanche’s Key Role and …
AVAX Token Unlock Set to Impact Avalanche’s Market Read More »
In a notable shift that could have significant implications for financial markets, Goldman Sachs has revised its U.S. recession forecast, lowering the probability to 20%. This change is based on recent economic indicators suggesting that the Federal Reserve may soon begin cutting interest rates, a development that has sparked optimism among Bitcoin traders and investors …
Goldman Sachs Lowers Recession Risk, Signals Optimism for Crypto Investors Read More »
A single tweet on X by Justin Sun on 18th August has flamed the rumors of China unbanning crypto. This comes after Galaxy Digital CEO Mike Novogratz mentioned in a tweet on 14th July that he had been hearing reports of China unbanning Bitcoin in late 2024. “If this is true, and it’s the second …
China unbanning crypto rumors flamed by Justin Sun Read More »
In a shocking downturn, the memecoin market has witnessed a staggering loss of approximately $20 billion in market capitalization since May 2024. This decline has reverberated throughout the crypto community, highlighting the volatile nature of these meme coins. Dramatic Decline in Memecoin Market Cap Sentiment Shifts Among Memecoin Investors The memecoin market, known for its …
Memecoin Market Faces $20 Billion Wipeout Since May Read More »
Voting Results Announced on XCHNG Burn Mechanism Proposal The Chainge DAO Snapshot platform recently held a vote on a proposed $XCHNG Burn Mechanism, and the results are in. After three days of voting, the proposal was rejected, with 73% of participants opposing the suggested changes. Background and Proposal Overview The proposal, introduced by a DAO …
DAO Rejects $XCHNG Burn Proposal Amid Community Debate Read More »
A dormant whale Bitcoin wallet that had been inactive since 2014 suddenly became active, moving over 174 bitcoins valued at more than $102 million. Blockchain data reveals that this wallet, which received 174.88 BTC on January 8, 2014, transferred funds for the first time on August 16, 2024. According to blockchain explorer Blockchair, the wallet’s …
Blackrock Challenges Grayscale’s Dominance in Crypto Holdings Recent data from Arkham Intelligence reveals that Blackrock is closing in on Grayscale in terms of onchain crypto assets. As of Friday, Grayscale’s assets are valued at approximately $21.33 billion, with Blackrock’s portfolio close behind at around $21.02 billion. Grayscale Faces New Rival as Blackrock Gains Ground Blackrock’s …
Grayscale vs. Blackrock: The Battle for Crypto Supremacy Read More »
In a landmark ruling, Dubai’s Court of First Instance has officially recognized cryptocurrency as a valid form of salary payment, marking a significant shift in the UAE’s financial landscape. This decision, revealed on August 16, 2024, positions Dubai as a global leader in the adoption of digital currencies for everyday transactions. Case 1739 of 2024: …
Dubai Recognizes Crypto as Legal Form of Salary Payment Read More »
Former US President Donald Trump owns over $1 million in cryptocurrency and up to $250,000 in gold bars, along with a portfolio of golf courses and real estate properties that contribute to his billionaire status, according to newly released financial disclosures. These details come from documents Trump filed as part of his Republican presidential bid, …
